Assicurazioni Generali recently announced its financial results for 2023, surpassing expectations with impressive earnings growth. However, the company faced challenges in its property and casualty segment, impacting its fourth-quarter profit. Strong Financial Performance Full-year adjusted net profit rose to 3.58 billion euros, exceeding the previous year's earnings of 3.13 … [Read more...] about Assicurazioni Generali Financial Results 2023
Forex News
Insights from JPMorgan Chase CEO
In a recent statement, Jamie Dimon, the chief executive and chairman of JPMorgan Chase & Co., expressed his views on the current economic situation. Dimon suggested that the U.S. Federal Reserve should exercise caution before making any decisions regarding interest rate cuts. He emphasized the need for more clarity on the state of the economy before implementing any … [Read more...] about Insights from JPMorgan Chase CEO
Hyundai Offers Cash Bonuses to Make Electric Vehicles More Competitive
Hyundai, a leading automobile manufacturer, has taken a unique approach to make their electric vehicles (EVs) more competitive despite not qualifying for the federal government's $7,500 EV tax credit. The company has decided to lower the price of many of its EVs by that exact figure, offering cash bonuses as high as $7,500 to potential buyers in the U.S. This significant move … [Read more...] about Hyundai Offers Cash Bonuses to Make Electric Vehicles More Competitive
Continental Announces Restructuring, Anticipates Job Cuts
Continental, the German auto-parts maker, revealed plans to restructure its automotive business division in an effort to save hundreds of millions of euros annually. The company aims to achieve savings of around 400 million euros ($427.4 million) starting from 2025 through the proposed changes. The exact number of job cuts in the automotive segment has not been determined yet, … [Read more...] about Continental Announces Restructuring, Anticipates Job Cuts
Airbus receives order for 30 A220-300 airliners from airBaltic
By Andrea Figueras Airbus has secured a new order from airBaltic for an additional 30 A220-300 airliners, although the details of the contract remained undisclosed. This latest order will significantly contribute to airBaltic's firm orderbook, bringing the total number of aircraft ordered to 80. This achievement positions the Latvian airline as the largest customer of this … [Read more...] about Airbus receives order for 30 A220-300 airliners from airBaltic
